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Danvers 01923
159 Old Burley Street
$238,500
● House - Off Market

159 Old Burley Street

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$648,898
RealtyHop Estimate
172.07%
Since Jan 1, 2001
MA-Boston
Primary Model

About This Property

GREATER STARTER HOME ON SIDE STREET NEAR HIGH SCHOOL & MIDDLE SHCOOL.  CABINET KITCHEN INCLUDES BUILT IN STOVE, OVER, DISHWASHER & DISPOSAL.  HW FLOORS IN BEDROOMS & LIVING ROOM.  LARGE YARD W/MATURE TREES.  16X10 SHED.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$208
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30445456)

Price History

Date / Event Date Event Price
Sep 28, 2001 Sold
Premium
Sold
Jun 19, 2001 Listed $289,900
Listed
Dec 8, 2000 Sold
Premium
Sold
Aug 8, 2000 Listed $238,500
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 4,543
  • Gross Building Area: 7,644
  • Building Area: 4,543
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,543
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRY GOVONI
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211300

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:022 L:149 P:
  • Lot: 149
  • Municipality: DANVERS
  • Latitude: 42.583
  • Longitude: -70.9226

    Address

  • Full Address: 159 Old Burley St
  • Address - House Number: 159
  • Address - Street Name: Old Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 2368
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $997,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 947,767
  • High Value: 1,108,103
  • Low Value: 787,431

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $897,600
  • Assessed Land Value: $427,500
  • Assessed Improvements Value: $470,100

    Sales

  • Current Sale Recording Date: Sep 28, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 08, 2000
  • Previous Sale Amount: $238,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Danvers

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30445456

Frequently Asked Questions

When was property at 159 Old Burley Street built and last sold?
The property at 159 Old Burley Street was built in 1960 and last sold on Jan 1, 1970 for $289,900.
How much is this home worth?
The estimated value of the home located at 159 Old Burley Street is $335,006.
What are some comparable homes to 159 Old Burley Street?
There are currently no comparable homes to 159 Old Burley Street.
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